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@@ -17,7 +17,7 @@
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class="- topic/xref ">28.106-4</xref>(a)</ph>, insert the following clause:</p>
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<p class="- topic/p " outputclass="Ctr_SmCaps" id="d3458e15">Additional Bond Security <ph outputclass="SmCaps" class="- topic/ph ">(Oct 1997)</ph>
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</p>
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<p class="- topic/p ">The Contractor shall promptly furnish additional security required to protect the Government and persons supplying labor or materials under this contract if
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<p class="- topic/p ">The Contractor shall promptly furnish additional security required to protect the Government and persons supplying labor or materials under this contract if—</p>
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<ol id="d3419e28" class="- topic/ol ">
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<li class="- topic/li ">
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<p class="- topic/p " id="d3458e23">
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@@ -37,7 +37,7 @@
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<li class="- topic/li ">
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<p class="- topic/p " id="d3458e38">
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<ph props="autonumber" class="- topic/ph ">(d)</ph>
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An irrevocable letter of credit (ILC) used as security will expire before the end of the period of required security. If the Contractor does not furnish an acceptable extension or replacement ILC, or other acceptable substitute, at least 30 days before an ILC
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An irrevocable letter of credit (ILC) used as security will expire before the end of the period of required security. If the Contractor does not furnish an acceptable extension or replacement ILC, or other acceptable substitute, at least 30 days before an ILC's scheduled expiration, the Contracting officer has the right to immediately draw on the ILC.</p>
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</li>
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</ol>
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<p class="- topic/p " outputclass="Endofclause">(End of clause)</p>
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